📉 XRP Holders Are Selling Off, Glassnode Suggests a Market Bottom May Be Forming

* 📊 Glassnode data shows increasing selling pressure from XRP holders.
* 💸 Many investors are choosing to exit positions or take losses after a period of price volatility.
* 📉 Historical patterns indicate this phenomenon often occurs when the market enters the “capitulation” phase.
* 🔄 After sharp sell-offs from short-term holders and impatient investors, the market usually approaches a bottom zone.

⚠️ Notable Point
* 🐳 Holder selling does not necessarily mean the price will immediately reverse upward.
* 📈 However, in the past, extreme selling pressure phases often appear near the market completing its bottom formation.
* 👀 Continue monitoring on-chain indicators such as exchange inflows, realized profit/loss, and whale activity to confirm XRP’s next trend.
$XRP